Abraxas Capital Begins Liquidating Short Position in HYPE, Nerd Data Records Big Profit

GasFeeAssassin · 2026-02-13T07:05:54+00:00

Abraxas Capital has begun liquidating their short positions on HYPE, reflecting a change in market sentiment. Data from The Data Nerd indicates that this liquidation could potentially generate approximately $9.07 million in profit and funding fee revenue reaching $39.73 million.

GasFeeAssassin

2026-02-13 07:05:54

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Abraxas Capital, one of the significant players in the crypto market, has now begun the process of liquidating their short positions on HYPE. This strategic move by the large fund reflects a shift in market sentiment toward the asset. Information about this activity was first detected by The Data Nerd, a leading data analysis platform that consistently monitors the movements of major crypto funds.

The Data Nerd: Trusted Data Source for Large Fund Activities

The Data Nerd has released comprehensive monitoring of Abraxas Capital’s short position closures. The platform is known for its accuracy and transparency in tracking large-scale trading activities within the crypto ecosystem. With real-time data available, investors can understand institutional movements and their impact on market dynamics.

Fantastic Gains from the HYPE Short Position

According to a report from Foresight News, the liquidation of Abraxas Capital’s short position on HYPE resulted in impressive financial achievements. The unrealized gains from this short position amount to approximately $9.07 million, a substantial figure that reflects precise timing and strategic shorting. Moreover, revenue from funding fees has accumulated to $39.73 million—an even larger number indicating that this fund has achieved sustained profits while holding their short position on HYPE.

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